The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

CFOS still concerned with prioritizing technology investments

Key technology issues facing CFOs this year were largely the same as last year, with the top two issues cited remaining as prioritizing technology investments and identifying the appropriate level of technology investment.


Financial Executives International and Computer Sciences Corporation have just released their sixth annual survey of technology issues for CFOs, which provides a detailed assessment of the information technology practices, priorities, and problems that senior financial leaders face.


The survey works on the theory that the CFO's perspective is unique because he usually has both the technology organization reporting to him andprimary responsibility for ensuring that all IT expenditures are in the best interest of shareholders.


Other key issues for CFOs were:


·           The need for better and timelier analytical information to assist decision-making is critical and most plan to upgrade their capabilities during the upcoming year.

·           IT spending remains relatively depressed although many plan a modest increase in the next year.

·           A small minority believes that they are getting a high return on their technology investments.

·           The movement to ERP and integrating extended processes continues at a fair pace.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree